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To: lewislynn
unless I ripped the employee(s) off for their withholding

How are you ripping off the employees? They still see the same take home pay. When do they get those "withholdings" now?

216 posted on 09/19/2005 11:24:29 PM PDT by woodbeez (There is nothing in socialism that a little age or a little money will not cure(W. Durant))
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To: woodbeez
How are you ripping off the employees? They still see the same take home pay
THINK!

Their take home pay now is AFTER taxes.

Since they wouldn't have paid taxes after being ripped off by their employer, their/your take home pay would be BEFORE any taxes are paid (from a lesser amount).

Now: $1000 gross
$300 withholding
$700 tax free.

Your way after: $700 gross
No withholding
$539 tax free. ($700 minus 23% tax = $539)

217 posted on 09/20/2005 12:01:20 AM PDT by lewislynn (Status quo today is the result of eliminating the previous status quo. Be careful what you wish for)
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